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Partenership firm convert propritership

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(Querist)
05 August 2020 How to data entary partenership firm amount recivabal convert in propritership books
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Asha Kanta Sharma

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Asha Kanta Sharma (Expert)
09 August 2020 If the name of the business is same, no need to do anyhting. If business name is changed post a Journal Entry like below:

New Business Name - Dr.
Old Business Name - Cr.

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